The Impact of Technology on Internal Controls Includes

question 113

Multiple Choice

The impact of technology on internal controls includes:

• A) Elimination of the need for regular audits.
• B) Reduced processing errors.
• C) Elimination of separation of duties.
• D) Elimination of fraud.
• E) Elimination of the need to bond employees.

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Definitions:

Labeled Mentally Ill

A term referring to individuals who have been diagnosed or identified by healthcare professionals as having a mental illness.

Posttraumatic Stress Disorder (PTSD)

A psychiatric disorder that may occur in people who have experienced or witnessed a traumatic event, characterized by severe symptoms of distress and impairment.

Category 5 Tornado

The highest rating on the Enhanced Fujita Scale, indicating a tornado with wind speeds exceeding 200 mph and capable of causing incredible damage.

Incidence

The occurrence, rate, or frequency of a disease, crime, or something else undesirable within a specified population or area.